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Reuters: Money
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Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
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Taxpayer may lose 2 billion pounds on Northern Rock rescue
LONDON (Reuters) - Taxpayers could lose up to 2 billion pounds from the government's 2008 rescue of mortgage lender Northern Rock by the time all the assets are wound down, according to the spending watchdog.
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UK to improve CPI data on home ownership
LONDON (Reuters) - Britain will launch a new measure to gauge the cost of owning a home, the Office for National Statistics said on Friday, in a move that it hopes will better reflect housing costs in Britain's inflation data.
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About 750,000 households escaped fuel poverty in 2010
LONDON (Reuters) - About 750,000 UK households were lifted out of fuel poverty in 2010 due to rising incomes among cash-strapped consumers and lower consumption following the roll out of energy efficient boilers, helped by stable energy prices, the government said.
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Euro crisis leaves door open for more BoE easing
LONDON (Reuters) - The escalating danger from the neighbouring euro zone debt crisis prompted the Bank of England on Wednesday to keep alive the prospect of more help for an ailing British economy it said was growing more slowly than expected.
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Joblessness falls unexpectedly
LONDON (Reuters) - The number of Britons out of work fell at the fastest pace in nearly a year in the three months to March, official data showed on Wednesday, pointing to some underlying resilience in the economy.
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